VNET Group, Inc.

VNET
$9.59 (-8.27%)
02:18 PM · May 15 · NASDAQ

VNET Group, Inc.

VNET
AI Infrastructure Stock · NASDAQ · Beijing, CN
$9.59 (-8.27%)
02:18 PM · May 15, 2026
Market Cap
$2.57B
Enterprise Value
$23.32B
Next Earnings
May 26, 2026

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VNET Group, Inc. Company Overview

VNET Group, Inc. (NASDAQ: VNET), formerly 21Vianet Group, is a Chinese carrier-neutral data center and cloud services provider headquartered in Beijing. Q3 2025 net revenues grew 21.7% YoY to RMB 2.58 billion, with adjusted EBITDA up 27.5% to RMB 758 million. Wholesale capacity in service reached 783 MW (+16.1% sequentially), with utilization at 74.3% (94.7% on mature capacity). VNET published its 2025 ESG Report showing renewable energy reaching 36% of total (up from 18% in 2024), filed its 2025 Form 20-F, and continues capacity expansion to support demand from leading Chinese cloud and AI providers. The company is one of the larger publicly traded Chinese carrier-neutral data center operators.

VNET Group, Inc. website url Visit Website VNET Group, Inc. linkedin url VNET Group, Inc. twitter url
Stock Exchange NASDAQ
IPO Date 2011-04-21
Number of Employees 2581
Headquarters Beijing, CN

Key Executives

Chenggang Shen

Executive Vice President & GM of IDC Strategic Business Group
Chenggang Shen linkedin Chenggang Shen twitter

Ju Ma

Executive Vice President & GM of IDC Strategic Business Group
Ju Ma linkedin Ju Ma twitter

Derek Li

Group Executive VP & General Counsel
Derek Li linkedin Derek Li twitter

Jie Dong

President of 21Vianet Group & CEO of Internet Capital
Jie Dong linkedin Jie Dong twitter

Kun Yan

Group Executive Vice President
Kun Yan linkedin Kun Yan twitter

Qiyu Wang

Chief Financial Officer
Qiyu Wang linkedin Qiyu Wang twitter

Sheng Chen

Co-Founder, Executive Chairman & Interim CEO
Sheng Chen linkedin Sheng Chen twitter

Xiaomang Li

Group Senior VP & CEO of First-line
Xiaomang Li linkedin Xiaomang Li twitter

Zhihua Zhang

Senior Vice President of Operational Finance
Zhihua Zhang linkedin Zhihua Zhang twitter

Xiao Liu

Rotating President of the Group
Xiao Liu linkedin Xiao Liu twitter

Wen Teng

Group Senior Vice President & Chief Executive Officer of Blue Cloud
Wen Teng linkedin Wen Teng twitter

Xinyuan Liu

Head of Director of Investor
Xinyuan Liu linkedin Xinyuan Liu twitter

Featured Posts

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SEC Filings

Form Type Filed Accepted Source

Earnings Call Summaries

VNET Frequently Asked Questions

The next earnings report date for VNET Group, Inc. (VNET) is scheduled for May 26, 2026. Stay up to date with ’s financial results and key announcements by visiting our Earnings Tracker or by subscribing to earnings alerts. Here we also provide VNET earnings call summaries and transcripts.

The current stock price of VNET Group, Inc. (VNET) is $9.59 as of 02:18 PM 15/05/26. For live stock updates and company rankings, view our Bitcoin mining stocks by market cap table.

The latest news for VNET Group, Inc. (VNET) includes VNET Announces New Strategic Investors published on May 13, 2026. For more details and ongoing updates, visit the VNET news section.